Collateral Unit of Measure

Field 2.84 | Matching Date: 2022-04-01 | Tolerance: None | Agent Lender Data Provision: Yes>

Status: Best Practice Finalised, Last Updated: 26/04/2021

Field 2.84 | Matching Date: 2022-04-01 | Tolerance: None | Agent Lender Data Provision: Yes

Description:
Unit of measure in which the collateral quantity is expressed. This field is applicable to commodities.

Best Practice:
If Field 2.75 (Type of Collateral Component) is populated with "COMM", at least one code pertaining to the classification of the base product shall be provided, of which there are 72 options (x4 alphabetical characters), otherwise leave blank. (SFTR-104)